Laureate Education, Inc. (NASDAQ:LAUR) Shares Sold by Fourth Sail Capital LP

Fourth Sail Capital LP lessened its position in Laureate Education, Inc. (NASDAQ:LAUR) by 30.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,520,138 shares of the company’s stock after selling 650,589 shares during the period. Laureate Education makes up 6.3% of Fourth Sail Capital LP’s portfolio, making the stock its 3rd biggest position. Fourth Sail Capital LP’s holdings in Laureate Education were worth $25,249,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its stake in Laureate Education by 24.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,889 shares of the company’s stock valued at $57,000 after acquiring an additional 764 shares in the last quarter. SG Americas Securities LLC bought a new position in Laureate Education in the 1st quarter valued at about $151,000. ProShare Advisors LLC increased its stake in Laureate Education by 8.5% during the 1st quarter. ProShare Advisors LLC now owns 23,554 shares of the company’s stock valued at $343,000 after buying an additional 1,853 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Laureate Education by 9.0% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 25,918 shares of the company’s stock worth $380,000 after buying an additional 2,130 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Laureate Education by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 14,231,273 shares of the company’s stock worth $207,350,000 after acquiring an additional 136,865 shares during the period. 96.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Morgan Stanley lowered shares of Laureate Education from an “overweight” rating to an “equal weight” rating and set a $17.00 price objective on the stock. in a research note on Friday, July 26th. BMO Capital Markets lifted their price target on Laureate Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research report on Friday, November 1st.

Laureate Education Price Performance

Shares of NASDAQ LAUR opened at $18.51 on Monday. Laureate Education, Inc. has a twelve month low of $12.45 and a twelve month high of $19.12. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. The firm has a 50-day moving average of $16.40 and a two-hundred day moving average of $15.55. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 11.72 and a beta of 0.82.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.40. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. The company had revenue of $368.60 million for the quarter, compared to analysts’ expectations of $361.80 million. During the same quarter in the prior year, the company earned $0.23 earnings per share. The firm’s revenue was up 2.0% on a year-over-year basis. As a group, analysts expect that Laureate Education, Inc. will post 1.42 earnings per share for the current fiscal year.

About Laureate Education

Laureate Education, Inc, together with its subsidiaries, offers higher education programs and services to students through a network of universities and higher education institutions. The company provides a range of undergraduate and graduate degree programs in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.